Rids Textiles Private Limited
About Rids Textiles Private Limited
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Rids Textiles Private Limited is a private limited company based in Borivlai East, Maharashtra, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 16 February 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17111MH1995PTC422232.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹10.7 Lakh. It is led by directors including Chandrakant Vasudev Joshi and Gajanan Posti Vasudev.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Borivlai East, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹48,056. For the same year it recorded a net loss of ₹6.47 Lakh and EBITDA of -₹6.47 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 51% over three years.
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address2202 Signia High Off Western Express Highway, Magathane Cts 166/A 166/B 166/C 166/D, Borivlai East, Maharashtra, India – 400066
- IndustryFinancial Services, Financial Activities
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Financials of Rids Textiles Private Limited FY 2025 filings available
Rids Textiles Private Limited reported revenue of ₹48,056 for FY 2024.
Compounded Annual Growth Rate (CAGR) of Rids Textiles Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 51% over three years. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Rids Textiles Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹6.47 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.47 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Rids Textiles Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Rids Textiles are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Rids Textiles Private Limited
Rids Textiles Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Parth Textiles Private Limited | ₹49,000 (FY 2025) | •••• | •••• | 600.0% | •••• | Surat, Gujarat, India |
| Sanjeev Dyeing Works Private Limited | ₹49,000 (FY 2024) | •••• | •••• | •••• | Ludhiana, Punjab, India | |
| Shameema Mehvish Producer Company Limited | ₹48,935 (FY 2025) | •••• | •••• | -96.0% | •••• | Srinagar, Jammu & Kashmir, India |
| Madhavam Mono Filament Private Limited | ₹48,266 (FY 2021) | •••• | •••• | -39.0% | •••• | Surat, Gujarat, India |
| Texfeel Private Limited | ₹48,181 (FY 2024) | •••• | •••• | •••• | Surat, Gujarat, India | |
| Rids Textiles Private Limited this company | ₹48,056 (FY 2024) | •••• | •••• | •••• | Borivlai East, Maharashtra, India | |
| Sunny Texfab Private Limited | ₹48,000 (FY 2024) | •••• | •••• | •••• | Ludhiana, Punjab, India | |
| Subhadra Industries Private Limited | ₹48,000 (FY 2021) | •••• | •••• | -11.0% | •••• | Bhubaneswar, Orissa, India |
| Ajay Apparels Pvt Ltd | ₹47,860 (FY 2019) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Espee Textiles Private Limited | ₹47,615 (FY 2017) | •••• | •••• | -20.0% | •••• | Uttar Pradesh, India |
| Rashmi Syntex Private Limited | ₹47,543 (FY 2021) | •••• | •••• | -100.0% | •••• | Surat, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Rids Textiles by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Rids Textiles Private Limited
Rids Textiles Private Limited is audited by JAIN ANIL & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAIN ANIL & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Rids Textiles Private Limited
Rids Textiles has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrakant Vasudev Joshi | Director | 26 Mar 2019 | 7 Years 6 Months | Current |
| Gajanan Posti Vasudev | Director | 26 Mar 2019 | 7 Years 6 Months | Current |
| Sandeep Dagdu Sutar | Director | 26 Mar 2019 | 7 Years 6 Months | Current |
Ownership and Shareholding of Rids Textiles Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Rids Textiles Private Limited
Rids Textiles Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Rids Textiles Private Limited
Rids Textiles Private Limited has 1 court case on record: 1 filed by Rids Textiles. All case is pending. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, New Delhi | Company appeal | Filed by the company against Official Liquidator | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Rids Textiles Private Limited
Employment history and EPFO contributions of people linked to Rids Textiles.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Rids Textiles Private Limited
Rids Textiles has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U17111MH1995PTC422232, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U17111MH1995PTC422232 | Current |
| U17111GJ1995PTC024670 | Previous |
| U17111GJ1995PLC024670 | Previous |
Recent Activity on Rids Textiles Private Limited
Rids Textiles Private Limited has 14 board changes on record since 2008: 3 appointments and 11 cessations. The latest: Sadguru Babli Parab ceased to be Director on 12 Mar 2020.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Rids Textiles Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Rids Textiles Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Rids Textiles Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Rids Textiles Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Rids Textiles Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Rids Textiles Private Limited
Rids Textiles is an active private limited company based in Borivlai East, Maharashtra, India. The company works in financial activities, within the financial services industry. It was incorporated on 16 February 1995 (31+ years old) and is registered under CIN U17111MH1995PTC422232.
Rids Textiles reported revenue of ₹48,056 for FY 2024.
Rids Textiles has 3 current directors:
- Chandrakant Vasudev Joshi - Director
- Gajanan Posti Vasudev - Director
- Sandeep Dagdu Sutar - Director
Rids Textiles reported a net loss of ₹6.47 Lakh and EBITDA of -₹6.47 Lakh for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rids Textiles is 51% over three years. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Rids Textiles is U17111MH1995PTC422232. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rids Textiles has 1 court case on record: 1 filed by the company. 1 is pending.
Rids Textiles was incorporated on 16 February 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Rids Textiles by revenue are Parth Textiles Private Limited, Sanjeev Dyeing Works Private Limited, Shameema Mehvish Producer Company Limited, Madhavam Mono Filament Private Limited, Texfeel Private Limited and 5 more, all in the Manufacturing industry (Textiles).
Sadguru Babli Parab ceased to be Director on 12 Mar 2020. Chandrakant Vasudev Joshi ceased to be Additional Director on 29 Sep 2019. Gajanan Posti Vasudev ceased to be Additional Director on 29 Sep 2019. Rids Textiles has 14 board changes on record in total.
The registered office of Rids Textiles is at 2202 Signia High Off Western Express Highway, Magathane Cts 166A 166B 166C 166D, Borivlai East, Maharashtra, India – 400066.